1906 Willow Lake Drive
About This Property
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 2, 2022 | Sold | ||
| Sold | |||
| Aug 13, 2022 | Listed by Orchard Brokerage | $508,888 | |
| Listed by Orchard Brokerage | |||
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This 5 bedroom, 3.1 bathroom residence in the heart of Pearland exudes elegance from the moment you enter! Inside you'll find ample square footage bursting with natural light and all of the "extras"- a spacious living room with a fireplace, a game room upstairs, a finished out four-car garage that makes the perfect man-cave and an in-ground pool in the backyard! Large tile flooring throughout main living areas is a breeze to maintain. Cook meals in the gorgeous island kitchen, featuring gourmet stainless steel appliances like a double wall oven and a gas cooktop. In the primary suite you'll find soaring ceilings and french doors that lead to the backyard, plus an ensuite with a jetted tub and a separate shower. Water system that stabilizes the minerals located in the garage. A backyard oasis awaits you, take in the outdoors or watch the fun from the sun room featuring a pool, jacuzzi, and a spacious patio with a view of the lush lawn and no rear neighbors. Don't miss this rare find!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017